An interesting week starts today. Party time: Reversal or continuation, Doji or white bar? Nobody knows. Keep close eye on your wallet. Maestro...music

Lusan Journal II

Darn! this is very wise... However...do you know how? Please.... do not say fractal nor mystical waves... neither statistical stuff or pattern... there is an specific way that shows to be true. -in my humble learning-

Technical Analysis Fallacy

Black magic and phantoms. What do they have in common? I learned something sometime ago, from a very foollish man -called Einstein-. If the math is complex, there is something wrong with it. The truth is always simple. -Why is so hard to accept that ...

Lusan Journal II

Tomorrow is Friday.... I do not trade on Friday. Besides the charts are entering a region of high uncertainty, a gambling region. A region for only the very skillfull, the brave or the fool. So the little guy, like me, might want to stay out. ...

Lusan Journal II

Thanks. I found that leverage is one of the devils,too. I am not leveraging at the time. -That is a right that I believe we need to earn- But then to make a living from this you need plenty of funds.

Technical Analysis Fallacy

Zoran, I want to tell you that these quotes are so beautifull and appropiate to trading the way that I understand it. Thanks, Luis

Technical Analysis Fallacy

No much of a change in the charts since yesterday analysis but the southern tendency became magnified. However, I gave a lot of thoughts about these trading activities. It is hard to believe that I have not yet lost a single penny since I began ...

Lusan Journal II

No much of a change in the charts since yesterday. However, I gave a lot of thoughts about this trading activities. It is hard to believe that I have not yet lost a single penny since I began carefully observing the weekly and the daily. -this is ...

Lusan Journal II

Late on my analysis because I was held at work. Things look not good for the Euro even after the almost 1 trillion of wasted cash.

Lusan Journal II

An insane day. A huge gap that got closed. Dow went to the roof and almost 1 Trillion dollars for the Southern European Countries. Yes... galloping inflation on the making. Time to watch out carefully all my financial instruments. Oh yes...I ...

Lusan Journal II

count me in!

EURUSD

.........

Technical Analysis Fallacy

Chief, I am not kidding, I said, "...I do not hedge but dance the main trend." If I wanted to hedge I would be combining spots and options. But I have no interest in options at this time. Why? It is too complex. I believe that just normal trade is ...

Technical Analysis Fallacy

Random thoughts — To talk about hedging is digging into a black hole.... however, let us supposed that we open trades in opposite directions on the same or hightly correlated currency. We wait and see which direction the market is going...and ...

Technical Analysis Fallacy

Ah..! we reach the start of another trading week. Nice to see the way the candles guide the way. The question is can we profit with my current trading strategies? So far so good, no losing days for the last 2 weeks since I reactivate this journal.

Lusan Journal II

kein problema. By the way, the answer to the pilot movie is.... THERE ARE NO RULES! If a bullet come you jump, follow, and kill the sucker. That is why these days are great for those that can fully dance. The others, like me, keep out of the way and ...

Technical Analysis Fallacy

Check page 78 "In every law of nature there is a major and a minor; a positive, a negative, and a neutral. Therefore, in cycles there must be a lesser, a greater and intermediate cycle, or cycles within cycles. Like Ezekiel says: "Wheel within a ...

Technical Analysis Fallacy

Fat fingers? Kidding us. B.S. Check a bunch ETF last night. Market is below sma(50) so I read charts as going south. Cheers

Technical Analysis Fallacy

Bad is bad. When I look at the monthly chart I see an ugly double top for the E/U. If 1.25 does not hold then Euro is probably finished. So I expect a strong rebound or ... death.

Lusan Journal II

Is shorting the Euro worthy so close to 1.25? Besides...tomorrow NP, Friday, and previous confusing Dow. A likely highly volatil day. still those who day trade if they are very very nimble could make a killing. Me? Probably Not. I am out until ...

Technical Analysis Fallacy